There are a lot of ways to define “worst” but the thing I've been searching for is the worst return on IPO value. If we go onto Yahoo Finance and Palantir Technologies Inc (PLTR) then by clicking “max” we see it had a -34.00% return since inception.
I'm sure you've all seen the multiple -100.00%s but I'm looking for the very worst. So far the worst I've found is Camber Energy, Inc. (CEI) , which through an explosion in share dilution, bad company practices and very poor financials combined with other factors such as reverse stock splits, makes the stock look the worst I've ever seen!
According to Yahoo Finance, the original value of 1 share today costing 8.3984 Billion and now worth 3$ on the dot – accounting to a 99.999999964% loss
So if there exists a “worse” company let me know!
PS. Don't take this too seriously! It's just a little thing I've been looking at for fun. If CEI is your favorite stock I hold no hate (I know nothing about the company just how bad its track record is!)
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